Gestalt Tech, a provider of out-of-the-box data warehousing solutions for lenders, announced it has partnered with Inovatec to give lenders using Inovatec Systems’s proven LOS and LMS solutions all the benefits of a complete data warehouse without building one from scratch.

Lenders using Inovatec and Gestalt will be able to quickly connect to a reliable and secure data warehouse in a third of the time compared to competing offerings, and any changes made to the data will be automatically reflected in the data model.

Data warehouses have historically been the domain of large, established lenders with sizable budgets and staff to either build their own facilities or hire consultants to do it on their behalf, which can be disruptive, time consuming and expensive. Gestalt eases this burden by giving even small lenders and community banks instant access to data warehousing solutions that deliver decision-ready data and automatically surfaces key insights, empowering them to focus on what matters most to their business.

"We are excited to partner with Inovatec to save lenders on average over ten hours per week in reporting, powered by Gestalt's decision-ready and audit-ready data warehouse,” said Stephanie Hanson, Gestalt Chief Executive Officer. “By integrating Gestalt into Inovatec’s proven LOS and LMS platform, lenders can benefit from seamless access to compelling insights that can have a transformational effect on their entire lending operation."

Inovatec co-founder and Chief Executive Officer Vlad Kovacevic said, “Gestalt’s solutions can be a game changer for many lenders.” He added, “While other data warehouse solutions simply provide data with little if any analysis, Gestalt enables same-day delivery of data that lenders can actually use during critical moments, such as compliance reporting and investor loan tape generation. This offering makes data far more accessible and beneficial than what was previously available in the market.”